We are pleased to present to market 9032 Burma Road in Pico Rivera, CA. With a phenomenal unit mix of large units averaging 1,154 square feet the property consists of all two and three bedroom units, 40% rental upside, and a large 3 bed owners unit. This presents a great opportunity for a seasoned or owner user investor to acquire a turn key building in a great sub market of Los Angeles. 9032 Burma Road consists of a large 3 bed/1 bath house built in 1952, and three 2 bed/2 bath units in the rear that were built in 1989. There are three single car garages in the rear of the property along with ample space for more parking. The property is separately metered for gas and electricity. Pico Rivera currently has no municipal rent control and this property falls under AB-1482 allowing for higher rent increases. The property lies on a quiet street surrounded by new construction buildings and is minutes away from the 605 and 5 freeways making it ideal for commuters.
Sold for $1,452,000 on 07/23/24
Listing Provided by:
Jackson Jorgensen DRE #02022727 jackjorgs@gmail.com,
Younglewin Advisors, Inc.
Bought with: NONMEMBER MRML
$1,452,000
9032 Burma Rd, Pico Rivera, CA 90660
9beds
4baths
4,616sqft
Quadruplex
Built in 1952
-- sqft lot
$1,423,700 Zestimate®
$315/sqft
$2,007 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: July 23, 2024 at 05:07pm
Listing Provided by:
Jackson Jorgensen DRE #02022727 jackjorgs@gmail.com,
Younglewin Advisors, Inc.
Bought with:
General NONMEMBER, DRE #00936428
NONMEMBER MRML
Source: CRMLS,MLS#: PW24060420
Originating MLS: California Regional MLS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 4
Appliances
- Laundry: Common Area
Features
- Common walls with other units/homes: 1 Common Wall
Interior area
- Total structure area: 4,616
- Total interior livable area: 4,616 sqft
Property
Parking
- Total spaces: 3
- Parking features: Garage
- Garage spaces: 3
Features
- Levels: Two
- Stories: 2
- Entry location: 1
- Pool features: None
Lot
- Size: 9,979 sqft
- Features: Front Yard
Details
- Parcel number: 6381017017
- Zoning: PRRM-SF*
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1952
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: Urban
Location
- Region: Pico Rivera
Other
Other facts
- Listing terms: Cash to New Loan
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Estimated market value
$1,423,700